Coltman Friends Foundation Inc

Analysis

Coltman Friends Foundation Inc is a registered charity in United States, based in Bethany Beach, DE. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Coltman Friends Foundation Inc reported income of $170k and spending of $1,000, leaving 99% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $70k to $170k (+142%), an average of +25% a year. The sharpest change came in the year to January 2021, when income rose by 370%. Over the whole period it spent 2.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coltman Friends Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 45th percentile within DE. Charities of a similar size with the same main cause include Cedar Wood Christian Academy Inc ($170k), RBHS Gridiron Club ($170k) and Sjo Fan Club ($170k).

At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m.